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$128,000
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Property Description
Bright and cheerful furnished 2 bedroom/2 bathroom first-floor condo in Derby Downs, a welcoming 55+ community! Move-in ready and turn-key, including linens, dishes, and more, with maintenance-free living. Enjoy new laminate flooring in the main living areas and a beautiful pond just steps away, perfect for relaxing or taking a stroll. The primary bedroom features an ensuite bathroom, and the indoor laundry includes a washer and dryer. A reserved parking spot is just steps from the front door, with additional guest parking nearby. Residents can enjoy the Silver Springs Shores Community Center just 1/2 mile away, with swimming pools, basketball, pickleball, and tennis courts for fun and socializing. HOA fees cover roof upkeep, exterior building repairs and painting, lawn maintenance and landscaping, irrigation, pest control, and trash service. This peaceful and friendly neighborhood is conveniently located near shopping, dining, parks, and just minutes from Lake Weir. Schedule your tour today!
Full Property Details
Full Property Details for 7885 Midway Dr Terrace #E101
General
- Price: $128,000
- HOA FEE: $338/month
- Taxes: $2,295 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: OM718832
- Updated: 3/10/2026
- Added to Site: 51 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Furnished
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Lighting, Other, Rain Gutters, Sliding Doors
Parking
- Parking Features: Assigned
Location
- Area: 34472 - Ocala
- County: Marion
- Development Name: 34472 - Ocala
- Subdivision: DERBY DOWNS
- Driving Directions: Head east on SE Mari camp Road (CR-464), then turn left onto Midway Road and continue north until you reach Midway Drive; turn right onto Midway Drive and follow it into the complex until you arrive at 7885 Midway Drive E101, where you’ll look for Building E and Unit E101.
- Direction Faces: Southeast
Community
- Community Name: 34472 - Ocala
- Community Features: Buyer Approval Required, Deed Restrictions, Golf, Pool, Sidewalks, Tennis Court(s)
- Association: Yes
- Assoc. Name: Vine Management/ Laurie Gahr
- Assoc. Fees Include: Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Trash
- Pet Restrictions: 35lbs.
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Metal Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 840
- Sq. Ft. Source: Public Records
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 424
- Lot Size: 424
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $338
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $2,295.45
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 10 TWP 16 RGE 23 PLAT BOOK J PAGE 451 DERBY DOWNS CONDOMINIUM SILVER SPRINGS SHORES UNIT 62 BLDG E UNIT 101
- Flood Zone Info: X
- APN: 9049005101
- Property ID: 9049005101
Listed by Re/Max Allstars Realty
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Schools
Schools serving 7885 Midway Dr Terrace #E101
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Greenway Elementary School 207 Midway Road, Ocala, FL 34472 | PK-5 | 1.4 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 7.5 mi |
Lake Weir High School 10351 Southeast Maricamp Road, Ocala, FL 34472 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7885 Midway Dr Terrace #E101
Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$128,000
-5.19%
MLS
2/16/2026
Listed
$135,000
213.95%
MLS
3/25/2004
Sold
$43,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7885 Midway Dr Terrace #E101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,295
14%
$84,762
10%
2024
$2,005
13%
$77,056
10%
2023
$1,773
14%
$70,051
-1%
2022
$1,561
8%
$70,603
22%
2021
$1,439
—
$57,894
161%
2021
$1,439
354%
$22,144
2%
2019
$317
2%
$21,646
2%
2017
$312
—
$21,242
2%
2017
$312
8%
$20,805
2%
2016
$290
2%
$20,377
1%
2015
$284
—
$20,235
1%
2014
$284
—
$20,074
2%
2013
$284
—
$19,777
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7885 Midway Dr Terrace #E101
7885 Midway Drive Terrace #E101, Ocala, FL 34472 (MLS# OM718832) is a Condo property with 2 bedrooms and 2 full bathrooms. 7885 Midway Drive Terrace #E101 is currently listed for $128,000 and was received on February 16, 2026. Want to learn more about 7885 Midway Drive Terrace #E101? Do you have questions about finding other Condo real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

